2020 Summary Annual Reports (SARs) for the 401(k) Pension Plan and Group Benefits Program will be posted to the Employee Benefits website in November. These documents should be distributed to participants by mid-December. An article in NRECA Employee Benefits Weekly will[…]
July 29 is the deadline to distribute the summary of material modifications (SMM) documents for your cooperative’s Retirement Security (RS) Plan and 401(k) Pension Plan. These SMMs were released on June 22 to: All co-ops that offer the 401(k) Plan,[…]
If your cooperative offers either the NRECA 401(k) Pension Plan or the NRECA Retirement Security (RS) Plan with the optional death benefit feature, then during the week of June 21, you will receive a Message Center alert directing you to[…]
To provide you with information and instructions on the upcoming 2022 retirement plan restatement process, we have updated the Retirement Plan Restatements page of the BA Guide with all the information to make this process more transparent and straightforward. The NRECA Retirement[…]
If your cooperative is tax-exempt and you have 401(k) Pension Plan participants who need a true-up employer contribution for 2020, send those true-up contributions to NRECA as soon as possible. This year’s deadline for tax-exempt co-ops is May 17, which[…]